It is estimated that there are 156 million phishing emails sent each day. Of these, only 16 million make it through spam filters and a further 8 million are opened.

Sandile Shezi is only 23 years old, but already a millionaire in his own right and by his own doing. Here’s how he did it.

Last week we saw the vulnerable Rand under pressure against the Dollar and the Pound. As China is a key importer of local commodities in South Africa, the release of weak manufacturing data out of China put the Rand under pressure on Monday.

The Rand was fairly soft early last week in response to the volatile situation in Greece and speculation that the Federal Open Market Committee would opt to hike US borrowing costs before the end of this year. 

The GBP-ZAR rate dropped to 19.11 on Friday last week, but it could not keep its footing and closed at 19.32. The rate has since hovered around this point with no real changes expected, especially with all eyes on Greece and the Euro’s movements.

National Treasury announced significant relaxation of exchange controls in the national budget in February this year, but according to Sable Forex MD, Andy Rissik, the paperwork demands are still an obstacle to moving money in or out of South Africa.

It’s a tense time for South Africans who eagerly await this evening’s SONA address from President Zuma. If Mr Malema delivers and the EFF disrupt the address then the rand should weaken well beyond the 18.00 level

The Rand heads for drop despite increasing against the dollar last week

The SA Reserve Bank is expected to keep interest rates unchanged

The market reflects the Rand rising against the Dollar and the Pound

If you’re looking for help specifically for transferring money out of South Africa, a reputable money transfer agent could be an option for you. Here’s what to look out for in a money transfer agent.

Things are looking up for the South African Rand this week. But will the trend last?

Venture capitalist and start-up guru Mark Shuttleworth pledges R250 million to a fund aimed at helping South African investors and entrepreneurs litigate their way through the difficult labyrinth of exchange controls set by the Reserve Bank, benefitting SA expats in particular

The Rand weakened against the US Dollar yesterday, closing at USD-ZAR 10.65, compared with Wednesday’s close of USD-ZAR 10.61.

The Rand weakened against the Dollar on Thursday, closing at USD-ZAR 10.77, compared with Wednesday’s close of USD-ZAR 10.70.

The Rand weakened against the Dollar on Thursday, closing at USD-ZAR 10.77, compared with Wednesday’s close of USD-ZAR 10.70.

The last week of July saw the Rand weakening against all major currencies. Global political turmoil, coupled with the strong economic performance from the large economies worldwide put the Rand on the back foot, with institutional investors pulling funds from emerging markets.

Forex scams are a dime a dozen on the Internet. Here’s how to sort the reputable money transfer companies from the disreputable.

As the economy recovers, less stimulus will be needed by the federal government, which tends to increase credit jitters and cause brief fluctuations in the global markets.

The South African Rand has broken barriers unseen in recent years as it reached R18.50 to the British Pound last week. While the currency has taken a significant beating since May last year, when the US Federal Reserve first announced plans to taper its quantitative easing programme, last week’s woes can be attributed to renewed […]

The value of the rand continues to decline against the strong pound and US dollar, marking its lowest point for five years this week.

Last week Friday, saw the Rand trading at an eight week low ahead of new fears of the possible strike action in the Platinum sector

The Rand has continually weakened against the Dollar and the expected US data being released throughout this week may have a stronger impact on the Rand and cause it to weaken further

The South African Rand has shown its tendency to be one of the most volatile currencies starting the week just below R9.80 to the Dollar and getting as low as R14.92 to the British Pound.

South African inflation unexpectedly slowed in June as the Rand rebounded from a four-year low. The inflation rate declined to 5.5 percent in June from 5.6 percent in May. The Reserve Bank held the repurchase rate at 5 percent for the sixth time in a meeting last week.